Author Archive: Jeremy Parkinson
Individual Stocks As Barometers For The Gold And Silver Sectors
(Audio length 00:11:03) There are a number of encouraging signs for gold and silver investors that continue to build behind the scenes. David Erfle, The Junior Miner Junky joins me to outline those signs. We discuss the rounded bottom for GDX and the fact that a major, Newmont Mining, is starting to break out to 52-week […]
Shot In The Arm For Natural Gas, Exports Under Cloud And Top Stocks In Action
On Tuesday, share markets in India opened on a flat note, remained rangebound and ended the day on a firm footing. The BSE Sensex closed higher by 90 points to end the day above the 34,300 mark at 33,395. While the broader NSE Nifty ended the day higher by 20 points to end at 10,549. […]
March 2018 Labor Market Survey: Greater Job Stability And That Fewer Labor Market Participants Searched For Jobs
from the New York Fed The Federal Reserve Bank of New York’s Center for Microeconomic Data released the March 2018 SCE Labor Market Survey, which shows a decline in the proportion of individuals who searched for a job, and in the average full-time offer wage. Satisfaction with nonwage benefits and promotion opportunities both improved slightly. Regarding […]
Pick These 4 Low P/CF Stocks & Sail Through A Volatile Market
The Wall Street is juggling with various macro and micro issues at the moment, including U.S.-China trade dispute, Facebook data breach, apprehensions about three or more rate hikes by the Fed this year and the recent airstrike on Syria. All these events have kept the market on tenterhooks with investors scurrying for a safe haven. […]
This Giant Industry Is Starving For Capital
Following directly on from the discussion last week about capital formation in the resource industry, our in-house mining expert Jamie Keech and I today dig deeper into the current capital starvation in the resource industry and much, much more. Here are some things we discuss, which we believe are “uber importante” for investors today: One geopolitical setup […]
Natural Gas Retreats From Recent Highs
May natural gas prices retreated from their recent highs set yesterday, settling down around half a percent on the day today. The entire front of the strip came under a bit of selling pressure, generally settling down slightly more than a cent. Meanwhile, Henry Hub cash prices remained quite firm on the day. With cash […]
WTI/RBOB Extend Gains After Surprise Inventory Draws
Despite geopolitical risks seemingly ebbing, WTI/RBOB rebounded today on hopes OPEC would extend output cuts and extended gains after API reported surprise draws across the entire energy space. Additionally, Bloomberg points out that Alberta’s plan to cut crude and fuel shipments to British Columbia could ripple across the entire west coast of North America, causing pump prices to surge and […]
The Big Four Economic Indicators: Industrial Production Up 0.5% In March
Official recession calls are the responsibility of the NBER Business Cycle Dating Committee, which is understandably vague about the specific indicators on which they base their decisions. This committee statement is about as close as they get to identifying their method. There is, however, a general belief that there are four big indicators that the committee […]
The Last Hour Finally Hangs On … By A Thread
We’ve been talking quite a lot recently about the equity market’s inability to hang on to gains in the last hour of trading. Heading into today, the index had traded down in the last hour of trading for six straight sessions. Today, equities were strong throughout the trading day and even started to leg higher […]
Spoofing Futures And Banging Fixes: Same Banks, Same Trading Desks
On 29 January 2018, the Commodity Futures Trading Commission (CFTC) Division of Enforcement together with the Criminal Division of the US Department of Justice and the FBI announced criminal and civil enforcement actions against 3 global investment banks and 5 traders for involvement in trade spoofing in precious metals futures contracts on the US-based Commodity Exchange […]
